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Bitboy Crypto Net Worth
BitBoy Crypto, a prominent figure in the world of cryptocurrency, has developed expertise as an influencer and investor. Based in Acworth, GA, BitBoy Crypto is much appreciated in the community for sharing valuable insights and analysis on various digital assets.
Based on our estimates in 2024, Bitboy Crypto net worth is $10 million. The crypto influencer BitBoy Crypto generates income from his podcast, merchandise sales, and other business ventures.
Bitboy Crypto on YouTube started his journey into the crypto world in 2012 after using Bitcoin for making payment to software for his ticket resale business. Armstrong invested $5,000 in Bitcoin in 2012 through BitInstant. Unfortunately he had to lose his investment when Mt. Gox, the leading Bitcoin exchange, was hacked.
Armstrong witnessed a meteoric rise in Bitcoin’s price in 2013, and with time, he gradually felt the potential of crypto. Armstrong started investing himself in learning more about the crypto space and, in 2018, launched BitBoy Crypto, a YouTube channel. At the start of his YouTube career, Ben had a goal of educating others about cryptocurrency investing.
- Real name: Ben Armstrong
- Ben Armstrong And Bitboy Crypto Net Worth: $10 million
- Birthday: October 27, 1982
- Birthplace: United States
- Age: 41 years old
- Height: 5 ft 8 in
- Nationality: American
- Occupation: Crypto trading YouTuber
Understanding the Financial Aspects
BitBoy Crypto monthly earnings from different sources of income are around $40K to $50K cuurently. That said, BitBoy Crypto yearly earnings are around $480K to $600K.
Crypto Influencer and Investor BitBoy Crypto based in Acworth, GA 30101 has established himself as one of the most influential personalities in the cryptocurrency space. Once a leading voice for retail crypto investors had gained notoriety as a controversial crypto influencer.
Armstrong monetizes his website and podcast with affiliate links and this program brings him a lot of money. Signing up for a crypto platform using his referral links, lets Armstrong receive a kickback.
Bitboy Crypto’s Arrest – The loss of finance
In September 2023, authorities in Atlanta arrested Bitboy Crypto and released him on a $2,600 bond on charges of loitering, prowling, and simple assault over an altercation with Carlos Diaz. Carlos Diaz is known for being an associate involved in a disputed Lamborghini transfer. Armstrong’s arrest resulted in memes and further reputation damage.
What Happened To Ben Armstrong?
What Happened To Bit Boy Ben? Armstrong co-founded a multi-million dollar studio business alongside former partner TJ Shedd. Armstrong got ejected due to accusations of drug abuse issues leading to unethical decisions and workplace misconduct. Such a situation brought a bitter fallout, with shareholders stripping him of the company itself in addition to the branding rights.
Trustworthiness Surrounding Armstrong’s Financial Advice
The controversial influencer worth millions, Ben Armstrong, was involved in several scandals. Some of the major ones include allegations of insider trading, promoting fraudulent ICOs, in addition to spreading misinformation about various tokens. So, Ben Armstrong was always vulnerable to loss of credibility in the crypto space. Many of his followers turned away from him due to the controversies.
BitBoy Crypto YouTube
Bitboy Crypto’s YouTube channel and associated shows witnessed a formal shut down in August 2022 when his company Hit Network ousted Armstrong. Ben started again as Ben Armstrong, independent YouTube channel.
- Channel name: BitBoy Crypto v2
- Joined on: Sep 6, 2023
- Number of subscribers: 103K+
The channel earned popularity quickly, and since then, Armstrong used his platform to share news and analysis on cryptocurrencies. In addition, the audience got the opportunity to get the most updated information regarding the interviews with industry leaders and make bold price predictions.
Plenty of revenue streams contribute to BitBoy Crypto’s earnings that go beyond YouTube advertising and sponsorship revenue. Some of the other relevant income streams include affiliate marketing, merchandise and promotional deals.
Steady Growth in the Crypto World
Bitboy Crypto witnessed immense growth in 2020 and 2021. Digital assets and coins, including Bitcoin and Ethereum, rose in value, setting up blockchain technology and Web3 as some of the hottest trends globally. Influencer personalities, including Armstrong, served as the conduits for all the hype and hope and started venturing further into the crypto world.
Bitboy started becoming more dedicated to trying to boost his YouTube following. To mark how impactful he is in the crypto world, Bitboy Crypto went beyond YouTube. He started working on his website, joining online groups, and organizing and becoming a part of plenty of in-person meetups and seminars. Also, building a merchandise store helped him a lot in converting his audience into loyal followers.
Such moves he made helped him grab the opportunity for plenty of brand partnerships with crypto firms and trading platforms, paying him an immense sum of money for promotion deals and banner placements.
Personal life details
Ben Armstrong was married to Bethany Armstrong before revelations of an extramarital affair led her to file for divorce in October 2023. Ben came to the limelight for his scandalous relationship with associate Cassandra (Cassie) Wolfe, aka “Her Highness Duchess of Crypto”.
The matter progressed to the point where Bethany hired forensic accountants to evaluate joint assets with the continuation of divorce proceedings. Armstrong resides alternately with Wolfe. She refuses permanent accommodation because of concerns about alimony claims that are responsible for impacting her finances.
Ben Armstrong Crypto is reported to have had several extramarital affairs, and all of this had happened a longer time before Bethany filed for divorce in 2023. Prior to filing for divorce, Bethany had made the decision to separate temporarily multiple times. Also, the ground for the separations involved in the sexual relationship with Cassandra Wolfe. Initially, Wolfe had been hired as a marketing contractor, but later, she acquired a more ambiguous role.
Over the years Armstrong’s behavior grew more brazen. Bitboy co-founder TJ Shedd had been receiving warnings regarding his partner’s volatility. But Shedd chose to ignore or enable the misconduct and took a long time to address these issues. Some of the latest reports regarding why he was taking so much time for addressing these issues brought to light that TJ Shedd feared rocking the boat when business was booming.
FAQs
“BitBoy,” Ben Armstrong has since lost everything, including Bitboy Crypto Wife, who recently filed for divorce.
Ben Armstrong had been caught charging for advertisements and lying about it. BitBoy omitted to disclose the paid advertising content and all of this led to claims about him defrauding or misleading his fans.
Armstrong earned most of his wealth from YouTube advertising revenue, affiliate marketing, merchandise and promotional deals. BitBoy Crypto merchandise store makes him enough money with the sales of t-shirts, hoodies, mugs, and other accessories.
Ben “BitBoy” Armstrong faced arrest after live-streaming himself at Carlos Diaz’s home attempting to confront a former business partner. Carlos Diaz is a crypto investor and consultant.
Defendants took control of Armstrong’s account on X.com for expressing the purpose of publicly harassing, embarrassing, and intimidating” him.
Bitboy had been asking fans for donations. Armstrong sued the Shedds after he was kicked off Bitboy Crypto, which Armstrong claims he controls 67% of. But the Shedds claim Armstrong assaulted staff physically and sexually.
Ben Armstrong, founder of BitBoy Crypto, announced his departure due to an internal coup by TJ Shedd and Justin Williams.
Armstrong co-founded a multi-million dollar studio business alongside former partner TJ Shedd. However, accusations of drug abuse issues arose against Armstrong, claiming that he was making plenty of unethical decisions and was responsible for workplace misconduct. Shareholders stripped him of the company itself and branding rights. To make things worse, there were claims against him associated to messy personal affairs, lawsuits over missing funds, as well as criminal charges around an allegedly stolen Lamborghini.
“BitBoy,” Ben Armstrong was once very popular as a cryptocurrency YouTuber, but the controversy surrounding him forced him to end up losing his wealth, Lamborghini, business, and wife.
Crypto influencers BitBoy and More Light ended up fighting. Despite the fight, the influencers hold no real-life animosity towards the other.
Armstrong is known for his drug abuse, which caused financial, emotional, and physical damage to the company.
Armstrong, popular as BitBoy Crypto, has been accused of drug misuse and harming people psychologically, physically, and monetarily.
The estimated BitBoy Crypto net worth is $10 million.
Ben Armstrong is the real name of BitBoy Crypto.
Ben Armstrong currently lives in Atlanta, Georgia.
Drug Allegations have been one of the prime reasons. BJ Investment Holdings, the parent company of Hit Network and BitBoy Crypto, was terminated for alleged drug abuse and causing “emotional, physical, and financial harm.”
Satoshi and Bitboy were the significant figures. Satoshi designed the original logo in addition to the second version before outsourcing the creative work to Bitboy.
Ben Armstrong net worth was estimated $40 million based on his crypto asset holdings and YouTube business valuation. But having lost a significant portion of his net worth, presently he has $10 million.
Ben Armstrong who is popularly known in the online community as “BitBoy Crypto” is one of several influencers as named defendants in a class action lawsuit over promotion of FTX accounts.
Final Thoughts
Ben Armstrong’s rise to crypto fame hasn’t been an easy one, as it incorporated plenty of smart moves and scandals. Regardless of the ups and downs he has been through, Ben has acquired tremendous wealth.
But Armstrong’s fallout with BitBoy Crypto and a string of controversies have put his continued success in doubt. Only time will tell if Armstrong can bounce back and regain his stature as one of the most influential voices in crypto.
Limitations: All information presented here is gathered from sources that are considered reliable. Yet, we assume no responsibility or liability regarding the accuracy of the information. The values that we have stated here are only estimates based on our research.
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